4.5% Interest Rates (March 09′)

Interest rates took another plunge this past week, making their way down into the mid 4’s.

First time homebuyers couldn’t pick a better time to buy their first house: interest rates stupid low, 8k tax credit, and a relative Buyer’s market in Denver and Boulder.

Current homeowners looking to refinance also couldn’t pick a much better time. Here is an article in the Denver Post discussing the rate drop, as well the influx in refinance applications lenders are currently receiving.